Question
A bill of lading is:
Solution
A bill of lading is a document of title, written receipt issued by a carrier, a transport company, that it has taken possession and received an item of property and usually also confirming the details of delivery (such as method, time, place or to whom), and serves as the carrierās title for the purpose of transportation. A ādocument of titleā, as defined in section 2(4) of the Act, is āany document used in the ordinary course of business, purporting to authorize the possessor of the document to receive goods thereby represented.ā
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